Wednesday, May 20, 2009

Stocks for May 18

Here are the stocks that are passing at least three of my five filters for the week of May 18.

Symbol

Top Ranked

Zacks

PEG

SuppDem

VL

IBD Stock checkup

ARO

1

1

1

99

BWLD

1

1

1

99

CMG

1

1

1

99

GMCR

1

1

1

99

NFLX

1

1

1

99

TNDM

1

1

1

99

TXRH

1

1

1

99

IBM

1

1

1

88

I welcome ARO back to the core list. There are a bunch of stocks that fell off the core list this week: apol, bcr, cai, cpsi, rmd, and stra.

Core list (with n of 10 weeks passing):

Symbol

Passing weeks

Earnings

PNRA

8

Earn 28-Jul

HMSY

6

TNDM

6

COCO

5

ARO

5

Earn 21-May

moving down this week

moving up this week

new this week

The S&P 500 is again in a cautious Yellow Light mode according to the 1-2-3 model. The Inflation Model remains at a dangerous-sounding three stars ("inflation danger"). It is starting to sound ominous.

I am looking at the VIX, as it drops to a high-but-somewhat-normal 33. The VIX, you will recall, is a measure of the anxiety that the markets are exhibiting. It is calculated by using the option premiums of a stock index. Its drop may indicate that the markets are sanguine with the rise and do not anticipate a fall. Of course, for a perpetual bear such as me, it makes sense to buy puts now. Hey, don't listen to me. But you'd better take those newscasters with a grain of salt when they're calling out the end of the bear market.